Category Archives: Funding

Sheffield Social Enterprise Network: Development tender?

ssenButton
Discover more…

Sheffield Social Enterprise Network (SSEN) is to commission business development expertise to sustain and develop the network beyond the end of the Lottery grant which expires on 31 March 2016.

‘SSEN requires a consultant to help the network become a sustainable entity beyond the end of the current Awards for All grant which ends on 31.03.2016. This piece of work is fundamental to develop SSEN’s strategy for the medium and long-term’. Source: SSEN Nov. 2015.

The main areas of work include:

  • Work with SSEN management committee and its members to understand its circumstances, problems and opportunities.
  • Develop a tender/funding resource (key information that SSEN can use to input directly into funding/tender bids).
  • Scope the external environment for business opportunities
  • Register SSEN with key contract opportunity websites, mailing lists and newsletters.
  • Identify and evaluate potential income-generating services and projects that SSEN could develop (short term and long term).
  • Write funding and tender bids with the support of management committee members.
The deadline for receipt of tenders is 12pm on Tuesday 10 November 2015.

The Ignite Roadshow
funding for your energy idea?

igniteapplicationPoster2015
Grow your energy idea…

If you are a UK based social enterprise, and bursting with good ideas, then this year’s Ignite Challenge could be just for you.

Do you have ideas that can be deployed, to enable the imaginative and efficient use of energy resources, which will contingently change people’s lives…then the Ignite Challenge 2015 is a ‘must look at’ for you?

‘We are looking for the brightest business ideas that use energy to make a difference in people’s lives’.

You can secure, if successful, between 50,000 Pounds to 2 million Pounds in order to make your idea a reality. The finalists will be asked to pitch their idea to a panel of energy industry and social enterprise experts during June 2015.

We wrote about last year’s Big Idea at Ignite. See how last year’s winners achieved sucess here. It may help you formulate this year’s winning entry.

You can find out more about the the 2015 Ignite Challenge here.

Download the application form and begin your energy journey here.

Ethical business with a social dimension...
Ethical business with a social dimension…

Venturefest
East Midlands
April 14th, 2015

Venturefest East Midlands will take place on Tuesday 14 April 2015 at the East Midlands Conference Centre, Nottingham. There will be many opportunities to showcase achievements, network and build new business skills before the event, through activities and resources…including’:

  • Advice and support for all things business and innovation
  • Access and information about Open Innovation contracts throughout the East Midlands
  • Workshops on pitching to investors for investment ready businesses and entrepreneurs
  • Direct networking opportunities with the dedicated Venturefest app

Importantly for SEEM, we will be delivering the Social Business Hub offer, giving you insights into the Social Business sector.

As well as giving you a chance to meet and network with businesses already active in this emerging sector, The Hub can be instrumental in helping you to formulate your new social business idea, or to pivot an existing business strand into delivery on social terms.

The Hub will contain a variety of Social Business practitioners to share ideas with and seek support from, if required, including…

Arch Communications
Choice Unlimited
Food Freedom
Nottingham Social Impact Fund
Playworks
SmithMartin Partnership LLP

Join Roger and the SEEM team at Venturefest East Midlands. Call in on The Social Business Hub, take part in the workshop events and start exploring your new Social Business venture.

internetIconMiniYou can download the Venturefest app here. See you on the 14th…

Ethical business with a social dimension...
Ethical business with a social dimension…

Clowne and District Community Transport (CDCT)

CDCT Logo4CDCT are a registered charity and a company limited by guarantee. The organisation delivers accessible transport solutions  for individuals and groups who have difficulty in using public transport in the Bolsover District Council area, along with Bassetlaw, Chesterfield, Rotherham, Mansfield, Eckington and Killamarsh.

The Board of CDCT have decide to explore further developmental opportunities. Their focus is given below…

  • Develop a strategic alliance with another like minded charity, social enterprise or similar type community focused body
  • Explore a possible merger or other collaborative partnership working

CDCT Call for Engagement paper - pdf version...“In making this decision, the Board have commissioned Nottingham based SEEM to help facilitate this exploration and invite interested parties to submit an Expression of Interest. Please see below for further details on this process”.

With an uncertain future funding landscape, CDCT are looking to explore ways of working with other like-minded organisations, who, after the initial Expression of Interest, will be selected to develop more detailed proposals, within a framework of mutual discussion and exploration.

Icon for Adobe PDFYou can download the full CDCT proposal information here…

Timescales and next steps for the Expression of Interest process:

emailIconMiniTo request an EOI, please send an email to SEEM at info@seem.uk.net with the subject ‘Clowne and District Community Transport EOI’.

The Board of CDCT has asked that all EOI’s are returned back to SEEM at the same email address by 7th April 2015 at 5pm.

Applications received after this date will not be considered.

Please refer all queries regarding the process to SEEM not CDCT.

Ethical business with a social dimension...
Ethical business with a social dimension…

Elvaston Castle, development Chair sought…

Elvaston Castle and Country Park, in Derbyshire, has been working to establish through consultation, with a wide variety of communities of interest and partners, a clear ‘vision document’ for the Castle.

This has been achieved and now the Castle is looking to appoint a Chair of a new advisory Development Board, to prepare the estate for the next phase of its sustainable future.

Working with The National Trust, Derbyshire County Council have delivered a profile and terms of reference for the new Chair and the Development Board.

internetIconMini You can see the original recruitment documents on the web pages of Everything Elvaston Castle here.

This Community Interest Company  (CIC) has been established to play its own partnership role in developing and broadcasting news and information to the Elvaston community and its hinterland.

(Roger Moors of SEEM, has through his work with the community and DCC, as well as the Elvaston team, been instrumental in the creation of this new inclusive community presence, designed to inform everyone about the new future for the Elvaston Estate).

internetIconMini  You can discover more about ‘The Future of Elvaston’ on the web site www.futureelvaston.co.uk here.

Ethical business with a social dimension...
Ethical business with a social dimension…

Are you getting enough finance?

d2n2logoButton
Business growth in our region…

Access to finance to support Growth

The Local Enterprise Partnerships in the East Midlands and South East Midlands are conducting a survey of businesses in our area to find out whether businesses are able to get access to finance to support their growth.

This could of course include social finance for all socially impacting businesses.

They would like to know about business’ experiences if they have sought funding recently or if they plan to seek funding for future investment projects. They would also like to know if they have any barriers to growth.

By completing the survey below, businesses will help the Local Enterprise Partnerships in the East Midlands and South East Midlands to decide how to use their funds to help small and medium-sized enterprises.

surveyMonkeyButton
Your say!

You can find the on-line survey here.

 

 

Ethical business with a social dimension...
Ethical business with a social dimension…

Food Freedom on the radio…

Nottingham based Food Freedom, a new social business created by Nicky Gray and supported by Roger Moors of SEEM managed to secure national coverage this week on BBC Radio 4.

Developed as a consultancy and training company to advise and inform food businesses about allergies, Nicky spoke about the impending legislation that all restaurants, indeed all food outlets will be subject to come mid December this year. ‘You and Yours’, one of the stations prime time programmes featured Nicky and a number of restauranteurs talking about the need to comply with the new laws or face prosecution.

Nicky who has a wealth of knowledge in this arena decided to establish her business last year to both safeguard people who suffer with food allergies and intolerances but also to assist food outlets, many of whom are unaware of the new law and their obligations. Food Freedom was one of a number of businesses supported by SEEM under the Cabinet Office Social Incubator North programme. Roger said…

‘I’m delighted that Nicky has managed to get this level of publicity and awareness on national radio. The impact of her work is enormous and I’m really pleased that the support and finance we provided has enabled her to grow and develop her business so successfully in such a short period of time’.

internetIconMini  To understand more about the work of Food Freedom follow this link to http://www.food-freedom.co.uk/

internetIconMini  To hear Nicky’s eight minutes of fame follow the link below http://www.bbc.co.uk/programmes/b04md54k

Ethical business with a social dimension...
Ethical business with a social dimension…

CleanTech Connections

 

 

We were pleased to cross the City and to be invited to the latest CleanTech Centre lunch event, on Thursday 21st October, 2014. A great opportunity to network and hear key speakers in an informal, professional setting.

Our Roger Moors was delivering the keynote presentation to the assembled guests and he was welcomed to the event by Bob Pynegar of Inntropy Limited, who owns the Centre.

Inntropy was set up in 2011 by Bob Pynegar and Nick Gostick. They saw that a building in West Nottingham had the potential to be an incubator for entrepreneurs, start-ups and SMEs specialising in clean technologies. This building is now known as The Nottingham Clean Tech Centre (NCTC).

Bob wrapped his introduction to delegates with an illustration of how the CleanTech Centre offers its resident businesses a professional, supportive atmosphere to work in, with the advantage of having spaces available to meet client s and suppliers, as well as being able to take advantage of the Inntropy ‘entrepreneurship offer’ – mentoring, guidance , support and training.

Completing his delivery to the audience with a stress upon the growing importance of the Social Business sector, whether as a source of development funding, the melding of company philosophies with consumer expectations or the growth of the ‘triple bottom line’ business. ‘Social outcome will be even more important for the SME sector in the future...’ said Bob.

Roger Moors of SEEM then took centre stage. Roger began by offering the assembled business audience a range of definitions about the context of charities in business, social enterprises, and now with the emergence of the social finance sector, the ever growing importance of companies with distinct and clear social aims, yet who can still deliver external dividends as part of their enterprise processes.

Roger used a few simple diagrams to make his point. The ‘blended social business’, with solid social aims, clear business strategies and distinct profits would look something like this, he argued…

blendedbusinessgraphicAchieving the blended balance…

Roger emphasised the point that there were 90,000 Social Enterprises in the UK, with only some 10% actually delivering a sustainable business model that was not reliant on loans or charitable grants.

An opportunity for the social business, with strong profits, to deliver social outcome in a sustainable way.

This was not seen as a failure of the sector, but an opportunity for mainstream businesses to make bolder declarations of their social concern and delivery and use this effect to capitalise expansion, new products an services, the whole while supporting their communities of interest.

Roger then launched to the audience the new £1 million Nottingham Social Impact fund, which is designed to fit the investment profile outlined in the narrative above.

With loans available from£5,000 to £150,000, Roger saw the initial tranches of support in the £50,000 sector or below, with an ideal period of three years for repayment. The money will be put out at 6.5% interest.

The Fund is a collaborative effort between Nottingham City Council and The Key Fund.

Roger, in conclusion, stressed the importance of the Public Sector Social Value Act of January 2013. Committing all Local Authorities to take social impact into account when making strategic procurement decisions with their public money.

Roger receive applause from the audience and the thanks of Bob Pinegar for his clarity and conciseness.


I f you are interested as a start-up in the office provision and business support that the CleanTech Centre can offer, then please use the contact details below.

We know that you will be warmly welcomed.

Nick Gostick – nickgostick@inntropy.co.uk

Linda Slack – lindaslack@inntropy.co.uk

0115 822 1865

Inntropy Limited, Nottingham CleanTech Centre,
63-67 St Peter’s Street, Nottingham, UK, NG7 3EN


Ethical business with a social dimension...
Ethical business with a social dimension…

New EU intermediary funds for SME’s announced

The EU made two major announcements this week, about programmes across Europe. Designed to sustain SME’s, who lack the collateral to enjoy secured lending. The announcements represent a new cohort of funds to broaden the business base of the small business sector.

The European Commission and the European Investment Fund (EIF) will deliver a new 100 million Euro fund. The Fund will be to bring new ideas to market. The Fast Track to Innovation (FTI) Fund will be available in 2015 and 2016.

Consortia of three to five members will be free to bid for the funds at any time. ‘EU officials expect grants to be between €1m and €2m’.

The executive also signed an agreement with the European Investment Fund. The Commission said ‘…this would open up €25 billion of potential finance for SMEs over the next seven years’.

The EIF provides risk finance to SME’s across Europe. It will give €1.3billion for SME financing, under the EU Competitiveness of Enterprises Programme.

The EIF will give that money to financial intermediaries such as banks or funds, who will in turn make it available to SMEs.

The EIF will appoint the intermediaries. There will be a call for expressions of interest and a due diligence process.

The Commission estimates that up to 330,000 SMEs will receive loans backed by the guarantees. Total lending will hit €21 billion. An average guaranteed loan will be €65,000 per firm.

internetIconMini  See the original EU Fast Track to Innovation Press Release here…

internetIconMini  See the web pages of COSME, better finance for business here…

Ethical business with a social dimension...
Ethical business with a social dimension…